Bangkok Post
BoT can't afford to hold interest rates
Like all countries in the world, the Bank of Thailand (and Monetary Policy Committee, or MPC) believes they can run monetary policy independently based on local economic conditions.That belief is hard to fathom in today’s liquid international capital market where money can move from one ...
Bangkok Post Reporter
SMEs call for suspension of planned fuel tariff increase
The Federation of Thai SMEs is asking the government to delay an increase in the fuel tariff (Ft) scheduled for September as they struggle to stay afloat amid mounting economic problems.The Ft, which is determined by fuel costs, is expected to rise as the Russia-Ukraine ...
Bangkok Post Reporter
Thailand in top 10 for expats
Thailand has moved into the top 10 among the best countries for expatriates, rising to 8th place from 14th last year in the Expat Insider 2022 survey by InterNations.The world’s largest expat community with more than 4 million members, Berlin-based InterNations surveyed expat life in ...
Bangkok Post Reporter
Bid to attract EEC investment intensifies
The government is forging cooperation with more than 10 embassies to boost foreign investments in the Eastern Economic Corridor (EEC), with a focus on high-tech and eco-friendly businesses.Ambassadors from countries such as Japan, Germany, France and the Netherlands as well as executives from foreign chambers ...
Lamonphet Apisitniran
Ministry upbeat on baht rebound
The Finance Ministry expects the baht’s value to rebound in the second half this year, in line with the anticipated narrowing of the current account deficit, says a ministry source who requested anonymity.According to Reuters, Bank of Thailand officials said yesterday the bank will let ...
Wichit Chantanusornsiri
Inflation hits sentiment in Thai industry
The Thailand Industry Sentiment Index (TISI) fell to a seven-month low of 84.3 points in May amid economic uncertainties ranging from rising inflation to political conflicts overseas, says the Federation of Thai Industries (FTI).The inflation rate hike and prolonged global oil price surge, driven by ...
Lamonphet Apisitniran
NHSO to cut back on Covid test support starting July 1
The National Health Security Office (NHSO) will not cover the public costs of coronavirus tests performed by medical service centres uninsured by universal health coverage (UHC), starting July 1 when Covid-19 is declared endemic.This was agreed upon during a meeting of the NHSO board of ...
Bangkok Post Reporter
Prayut urges steady interest rates
Prime Minister Prayut Chan-o-cha called on the central bank to maintain its policy interest rate on Tuesday to curb a capital flight and support the domestic economy.Gen Prayut also vented his growing concern over a surge in the inflation rate after headline inflation, gauged by ...
Bangkok Post Reporter
Cabinet approves Civil Partnership Bill
The cabinet has approved the Civil Partnership Bill, which allows same-sex couples to register their partnership, and legal amendments after being vetted by the Council of State.Deputy government spokeswoman Rachada Dhnadirek said on Tuesday that the cabinet earlier endorsed the draft bill, which was sponsored ...
Bangkok Post Reporter
Shippers keep faith in 5-8% growth view
A group of Thai exporters remains bullish on the country’s prospects this year, despite slower growth in April.Chaichan Chareonsuk, chairman of the Thai National Shippers’ Council (TNSC), said the council believes 5-8% growth for the country’s export sector is still achievable, with key drivers including ...
Bangkok Post Reporter
